The concentrated solar power plants has generated electricity for 24 hours a day on the 31st day of July, obtaining the generation record above 100 MW over 723 hours. The concentrated solar power has set a record for monthly electricity generation, reaching 899 GWh in July, according to the REE [...]
Spain’s concentrated solar power association has handed lawmakers a study claiming the technology could help achieve an 85 percent renewable grid by 2030. The model, developed by the industry body Protermosolar, also forecasts the complete elimination of coal and nuclear from the electricity system, with a 92 percent cut in [...]
Spain has signaled a further departure from its former anti-renewables stance by naming the ex-boss of a renewables developer as Secretary of State for Energy. Seville-born José Domínguez Abascal, picked up the energy portfolio this month after having led one of Spain’s highest-profile renewable energy developers, Abengoa. Abascal’s most recent [...]
The General Meeting of the Spanish Association for the Promotion of the Solar Thermal Industry (Protermosolar), has re-elected unanimously president of Protermosolar for a period of two years. Luis Crespo, who from 2008 to 2016 served as general secretary, was elected president of Protermosolar in 2016. Luis Crespo is a [...]
Spain’s Iberdrola SA (BME:IBE) is seeking a buyer for its 50-MW Puertollano concentrated solar power (CSP) plant in the autonomous community of Castilla-La Mancha, local daily El Economista reports. The newspaper says the particular plant could fetch between EUR 100 million (USD 118m) and EUR 150 million based on [...]
The incorporation into the system of 7,000 MW of new solar thermal power with storage would save 430 million euros in the 2025 horizon, without coal plants, with a generation contribution of less than 16% per year for combined cycles and with a pool below 5c € / kWh. This [...]
Renewables contributed 43.9% in Spain in May: wind 17.2%, solar thermal 2.7% and photovoltaic 4.1%. Generation of the month of May 2018 The peninsular demand for electric power in May is estimated at 20,044 GWh, 1% lower than that registered in the same month of the previous year. If [...]
Spain is a world leader in renewable energy storage. The scenarios of large volumes of renewable technologies that can not be managed in electricity systems are raising concern about the need for storage, to avoid losses due to spills. This would not be a problem with balanced growth between manageable [...]
Grupo T-Solar, an independent solar power producer in Spain, has agreed to acquire two operating CSP plants in Spain with a combined installed capacity of 100 MW from multiple sellers for an undisclosed price. The acquisitions are the 50 MW Moron plant in Seville and the 50 MW Olivenza plant [...]
Collaborative Masdar and SENER backed solar company has paved way for development of more efficient concentrated solar power (CSP) technologies. In the ten years since it was established through a collaboration between Masdar, Abu Dhabi’s renewable energy company, and SENER, the Spanish engineering and technology specialist, Torresol Energy has [...]
Grupo T-Solar, a leading independent solar power producer in Spain and a portfolio company of I Squared Capital, has signed an agreement to acquire two operating concentrated solar facilities in Spain with a combined installed capacity of 100 megawatts from multiple sellers. Grupo T-Solar, a leading independent solar power [...]
The European Union’s total CSP capacity could reach as high as 5 GW by the year 2030 if all the pieces fall into place, a study by the International Renewable Energy Agency (IRENA) has found. Spain’s first CSP plant went into operation in 2008, and it is still the only [...]
ACCIONA has reached an agreement to sell its five solar thermal plants in Spain (with a combined capacity of 250MW) to ContourGlobal plc. The transaction amounts to €1.09 billion, which could increase by €27 million, to €1.12 billion, if certain milestones are met. Once completed, the deal will enable [...]
